Business Directories

Armacell, a producer of flexible insulation foams for the equipment-insulation market, has planned to build a new manufacturing facility in Bahrain.
To be located at the Bahrain International Investment Park in Hidd, the plant wil

A high-level delegation from Armacell, a world leader in the market for flexible technical insulation material, has discussed investment opportunities with Transportation Minister and Economic Development Board (EDB) acting chief executive Kamal

Bahrain-based private equity firm Investcorp has agreed a sale of its German insulation firm Armacell to Charterhouse Capital Partners for over 500 million euros ($655 million).
The sale had stalled earlier this year after bids fr

Bahrain-based private equity firm Investcorp's sale of Armacell is under threat as bids for the German insulation firm are due to come in lower than its 500 million euro ($653.30 million) price tag, said bankers.
Second-round

The sale of German insulation firm Armacell by its Bahrain-based private equity owner Investcorp has attracted six bidders as interest grows in companies making energy-efficient products, two people familiar with the transaction said.